Argo Investments (Australia) Price on November 19, 2024
| ARG Stock | 9.19 0.05 0.55% |
Below is the normalized historical share price chart for Argo Investments extending back to April 21, 1982. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Argo Investments stands at 9.19, as last reported on the 4th of December, with the highest price reaching 9.24 and the lowest price hitting 9.14 during the day.
If you're considering investing in Argo Stock, it is important to understand the factors that can impact its price. Currently, Argo Investments is very steady. Argo Investments secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Argo Investments, which you can use to evaluate the volatility of the firm. Please confirm Argo Investments' mean deviation of 0.4109, and Risk Adjusted Performance of 0.0839 to double-check if the risk estimate we provide is consistent with the expected return of 0.0663%.
At this time, Argo Investments' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 3.5 B in 2024, whereas Sale Purchase Of Stock is likely to drop (138.6 K) in 2024. . Argo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 8.7938 | 50 Day MA 8.9114 | Beta 0.615 |
Argo |
Sharpe Ratio = 0.1303
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Estimated Market Risk
| 0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Argo Investments is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Argo Investments by adding it to a well-diversified portfolio.
Price Book 1.1027 | Price Sales 24.9484 | Shares Float 735.3 M | Dividend Share 0.345 | Wall Street Target Price 7.69 |
Argo Investments Valuation on November 19, 2024
It is possible to determine the worth of Argo Investments on a given historical date. On November 19, 2024 Argo was worth 9.0 at the beginning of the trading date compared to the closed value of 9.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Argo Investments stock. Still, in general, we apply an absolute valuation method to find Argo Investments' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Argo Investments where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Argo Investments' related companies.
| Open | High | Low | Close | Volume | |
| 8.96 | 9.01 | 8.92 | 9.00 | 458,472 | |
11/19/2024 | 9.00 | 9.07 | 8.96 | 9.06 | 569,179 |
| 9.05 | 9.10 | 9.02 | 9.05 | 434,279 |
| Backtest Argo Investments | | | Argo Investments History | | | Argo Investments Valuation | Previous | Next |
Argo Investments Trading Date Momentum on November 19, 2024
| On November 20 2024 Argo Investments was traded for 9.05 at the closing time. The maximum traded price for the trading interval was 9.10 and the lowest daily price was 9.02 . The daily volume was recorded at 434.3 K. The volume of trading on 20th of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.11% . The overall trading delta to the closing price today is 1.32% . |
Argo Investments Fundamentals Correlations and Trends
By evaluating Argo Investments' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Argo Investments' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Argo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Argo Investments Stock history
Argo Investments investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Argo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Argo Investments will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Argo Investments stock prices may prove useful in developing a viable investing in Argo Investments
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 758.8 M | 532.8 M | |
| Net Income Applicable To Common Shares | 312.5 M | 193.1 M |
Argo Investments Stock Technical Analysis
Argo Investments technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Argo Investments Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Argo Investments cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Argo Investments December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Argo Investments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Argo Investments shares will generate the highest return on investment. By undertsting and applying Argo Investments stock market strength indicators, traders can identify Argo Investments entry and exit signals to maximize returns
Argo Investments Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Argo Investments' price direction in advance. Along with the technical and fundamental analysis of Argo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Argo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0839 | |||
| Jensen Alpha | 0.0332 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.3061 |
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Additional Tools for Argo Stock Analysis
When running Argo Investments' price analysis, check to measure Argo Investments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argo Investments is operating at the current time. Most of Argo Investments' value examination focuses on studying past and present price action to predict the probability of Argo Investments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argo Investments' price. Additionally, you may evaluate how the addition of Argo Investments to your portfolios can decrease your overall portfolio volatility.